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The techniques I developed for studying turbulence, like weather, also apply to the stock market

Benoit Mandelbrot

In mathematics and science definition are simple, but bare-bones. Until you get to a problem which you understand it takes hundreds and hundreds of pages and years and years of learning.
BENOIT MANDELBROT

Definitions Simple Years
The beauty of what I happened by extraordinary chance to put together is that nobody would have believed that this is possible, and certainly I didn’t expect that it was possible. I just moved from step to step to step.
BENOIT MANDELBROT

Chance Steps Together
Unfortunately, the world has not been designed for the convenience of mathematicians.
BENOIT MANDELBROT

Convenience Mathematician World
One couldn’t even measure roughness. So, by luck, and by reward for persistence, I did found the theory of roughness, which certainly I didn’t expect and expecting to found one would have been pure madness.
BENOIT MANDELBROT

Luck Persistence Reward
I’ve been a professor of mathematics at Harvard and at Yale. At Yale for a long time. But I’m not a mathematician only. I’m a professor of physics, of economics, a long list. Each element of this list is normal. The combination of these elements is very rare at best.
BENOIT MANDELBROT

Lists Long Yale
The techniques I developed for studying turbulence, like weather, also apply to the stock market
BENOIT MANDELBROT

Study Technique Weather
Asking the right questions is as important as answering them
BENOIT MANDELBROT

Asking Important Questions Right
I was in an industrial laboratory because academia found me unsuitable
BENOIT MANDELBROT

Academia Found Laboratory
Clouds are not spheres, mountains are not cones, coastlines are not circles, and bark is not smooth, nor does lightning travel in a straight line.
BENOIT MANDELBROT

Circles Clouds Mountain
There are very complex shapes which would be the same from close by and far away.
BENOIT MANDELBROT

Complex Far Away Shapes
$Benoit Mandelbrot Quote - A fractal is a way of seeing infinity.$

A fractal is a way of seeing infinity.
BENOIT MANDELBROT

Fractals Infinity Way
Pictures were completely eliminated from mathematics; in particular when I was young this happened in a very strong fashion.
BENOIT MANDELBROT

Fashion Happen Mathematics Strong
If one takes the kinds of risks which I took, which are colossal, but taking risks, I was rewarded by being able to contribute in a very substantial fashion to a variety of fields. I was able to reawaken and solve some very old problems.
BENOIT MANDELBROT

Able Colossal Fashion Kind Rewarded Risk
The theory of probability is the only mathematical tool available to help map the unknown and the uncontrollable. It is fortunate that this tool, while tricky, is extraordinarily powerful and convenient.
BENOIT MANDELBROT

Powerful Science Tool
I spent my time very nicely in many ways, but not fully satisfactory. Then I became Professor in France, but realized that I was not – for the job that I should spend my life in.
BENOIT MANDELBROT

Country Jobs Professor Realized Satisfactory Way
The straight line has a property of self-similarity. Each piece of the straight line is the same as the whole line when used to a big or small extent.
BENOIT MANDELBROT

Lines Pieces Self

The techniques I developed for studying turbulence, like weather, also apply to the stock market

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The techniques I developed for studying turbulence, like weather, also apply to the stock market

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